Dow Jones hits record as market climbs at noon
The Dow Jones industrial average rose 1.46 to 723.30 at noon, surpassing its prior closing high of 722.61 set last Friday, with gains led by major industrials and energy firms amid a broad market push. Pfizer and Bristol-Myers were among names dragging on drug stocks amid antitrust concerns.
MENTIONED IN THIS ARTICLE
Bache & Co
Dow Chem
DuPont de N
East Air
Associated Press
Industri Eastman Rod
Industria
Pirestone
NEW York (Ap
Ford Motor
High Point Township
Lee O'Sullivan
Darrell L. Burns
Gerd Prionsiete
N. L. Garner
Goodrich BF
Goodyear T&r
Mar. Uo
J. Thomas Moran
Hayton Stage
Preoet Paul
Whitfield Jones and Wife
Pfizer
Bristol Myers
Dee
Carlie D. Keeling
Tel & Ze Reves
Staley Brothers
Hart
Ameriaway Verte Ae Fas
Simary Lion Subdivision
Can Cyanamid
Isgett & Myers
Ltd Oil NJ
Textron Inc
Clyde R Ee
Monte Ward
Baward N. Post
J. Aly Tee
United Airlines
United Bisc
MBM
Cubar Terrace
George W. Helper
W. A. Mac’ Fenn
Zatti
G. W. Helper
Aei No. Pacific Agy
Ford
Western Md
General Motors
Ohio
West Union
Ralph C. Starnes
Wife
Steel Motors
iPenney
Travelodge Corp
U.S. Steel
Peansy RR
Wootworth
South Main Street
Pepsi-Cola
Charles H. Payne
Phillips Petr
Kenneth J. Pike
Texaco
Pure Oil
Coeees BT
S. D. Gibson Jr
Radio Corp
Dar ES Salaam
Tanganyikas
Baltimore & Ohio Advanced
Kenneth Kaunda
Reynolds Tob
Northern Rhodesia
National Independence Party
American Tobacco
Sears Roebuck
Dow Jones
Sperry Corp
Std Brands
Std OU
Realty Transfers Highlight Multiple Local Property Deals
The Travelodge Corp transfers to Ralph Q. Starnes and wife a tract adjoining High Point Savings and Print Co. Billings and wife convey to Char lie J. Aart and wife a lot in Oak View Estate. N L Oliver to H F Billings a lot in Oak View In Estate Lanes. C M Borum to Paul B. Bullock a lot adjoining Archie R Beeson property. Myrtle V Barringer to Willie J Barringer a lot in College Heights. Nixon Carr Henley to A B Henley a lot in Roland Park. Ed Mendenhall and others to Maurice K Wilson a lot in Wildwood. William H Evans Jr to Walter Howard Cobb a pair of lots on Parkway. Howard R Pancoast and others to Edward R Hardin five lots in T Hamilton Subdivision No 4. Frank Bright to Alexander C Edwards a Woodbrook Heights lot. Edward R Hardin to Howard R Pancoast and others five lots in T Hamilton Subdivision Jamestown Township. Sallie Bell Porter to Harold E Hall a lot on Woodland Drive.
MENTIONED IN THIS ARTICLE
Myrtle V. Barringer
Willie J. Barringer
College Heights
Nixon Carr Henley
A. B. Henley
Roland Park
Ed Mendenhall
Maurice K. Wilson
Wildwood
Wiliam H. Evans Jr
Walter Howard Cobb
Parkway
Howard R. Pancoast
Edward R. Hardin
T. ¥. Hamilton
Frank Bright
Alexander C. Edwards
Woodbrook Heights
Howard Hie Pancoast
T. Y. Hamilton
Eight Convicts Surrender After Hostage Release Drama
Eight convicts at a Tennessee state prison surrendered late Thursday as a tear gas assault loomed from an approaching Army tank. They released 25 hostages unharmed after a light hour revolt tied to prior prison conditions and a 1960 uprising. Prisoners cited lack of facilities, brutality, and mistreatment, while authorities described the incident as a planned emergency response.
MENTIONED IN THIS ARTICLE
Robert W. Gilbert
Nashville
Tenn
Farra
Gov
Hampton
Buford Ellington
White Sulphur Springs
Raymond Tank
Robert Rivera
Keith
Ee Hampton
West Virginia
East Tennessee
Rivera
Leonard
Texas
Franklin Sanders
Bery
James Edward Long
Lion
John Dean Beepee
Hanan
Robert Bohanan
Whojprison
Tom J. Bowman
James W. Smitty
Hugh Bell
East West talks looming as Berlin wall rises in border area
Reports say a new East German wall segment goes up on the 25 mile sector border as West Berlin sees engineers erecting a solid barrier behind barbed wire. Western officials cite 150 daily escapes and 16 to 20 desertions from East German guards this week. Brandt and Adenauer clash over UN action amid West Germany's upcoming Sept. 17 election.
MENTIONED IN THIS ARTICLE
Kremlin
Khrushchev
West Berlin
East
West Germany
People's Police
Workers
Brandt
Bonn
China
United Nations
Adenauer
Investors Guide column Q and A on stock picks and mergers
A reader asks whether to hold losing advisory stock picks and to navigate a Jenkins town Bank merger offer. The adviser cautions about high risk, suggests either taking losses or holding for possible recovery, and explains the Jenkins town exchange. The column also covers shifting E bonds to safer income and evaluating a mutual fund versus existing holdings.
MENTIONED IN THIS ARTICLE
Infra Red
Cutter
Vendo
Rexall
Perkin-Elmer
Nestle LeMur
Avnet
Standard Rollsman
Continental Vending
Jenkintown Bank & Trust
Industrial Valley Bank & Trust
Jenkintown
Exchange
Sears
Marshall Field
Swift
Love Valley Inc Expands in Brushy Mountains Town
Love Valley, Inc established in 1954, a several hundred acre residential and western town area near Statesville North Carolina, is undergoing major development including rodeos, horse shows, lakes, and a deluxe year round lodge. A joint venture with Fde Finance Co. Tuc controls Love Valley Homes which builds prefabricated low-cost housing. One hundred seventy miles north of Statesville? No 17 miles north of Statesville.
MENTIONED IN THIS ARTICLE
Love Valley, Inc
Fdé F Finance Co
Tuc
Love Valley Homes, Inc
Love Valley
Statesville
N. C
Brushy Mountains
Met Says No Hope For Season
The Metropolitan Opera Association cancels the 1961-62 season and breaks off talks with the musicians union, issuing layoff notices to over 600 workers. The dispute arose after Met rejected a demand to guarantee a 1961-62 season, with the union previously seeking higher weekly pay and benefits, while offering concessions. The city labor commissioner questions good faith amid the breakdown. A separate note: Freeport Public Library opens a supermarket “Rooketeria” Borrowing experiment for cardholders to sign out books displayed in-store.
MENTIONED IN THIS ARTICLE
New York
Metropolitan Opera Association
Met
Ofsicians Union
Opera
The
Federation of Musicians
Lastear
Freeport, MI
Freeport Public Library
Also Mentioned on This Page
the Travelodge Corp
Ralph Q. Starnes
High Point Savings and Print Co
Billings
Charlie
J. Aart
Oak View
N. L. Oliver
H. EF. Billings
C. M. Borum
Paul B. Bullock
Archie R. Beeson
Jamestown Township
Sallie Bell Porter
Harold E. Hall
Woodland Drive
American Stock Exchange
U.S
Adams Millis
Aljed Chemo
Can Co
Enka Vee SG
Am Motors
Tel & Tel Wee
Atch
IT & SF
Chrysler
Coca-Cola
Columbia G & E
Credit Cellectee
Gia Guu Duivee
Page LA
Investors Guide
Mr. Shulsky
G. E
Price
General Electric
Freezer
American Securities Co
Liberty Life
Charlotte, N.C
Buchanan
N. Main